Deutsche Bank India crosses $100 billion mark in assets under custody
Deutsche Bank AG has achieved the milestone of crossing the USD100 billion mark for assets under custody in India as at 31 December 2007. This marks a five-fold increase over the past three years, fuelled by strong demand for custody services, rising stock markets and healthy investor appetite in India.
This achievement comes on the back of Deutsche Bank being accorded Top Rated status in the Agent Bank Review carried out by Global Custodian magazine, with the highest rankings for cross-border custody – a rating achieved by Deutsche Bank in India for four consecutive years.
— www.theasianbanker.com (January 31 2008)–